Solution:
Lavage Rapide | ||||
Revenue and sepnding variances | ||||
For the month ended August 31 | ||||
Particulars | Actual results | Revenue and spending variances | Flexible Budget | |
Car Washed | 8200 | 8200 | ||
Revenue | $53,940.00 | $1,460.00 | F | $52,480.00 |
Expenses: | ||||
Cleaning Supplies | $5,360.00 | $440.00 | U | $4,920.00 |
Electricity | $1,918.00 | $38.00 | F | $1,956.00 |
Maintenance | $2,265.00 | $215.00 | U | $2,050.00 |
Wages and Salaries | $6,380.00 | $340.00 | U | $6,040.00 |
Depreciation | $8,400.00 | $0.00 | None | $8,400.00 |
Rent | $2,300.00 | $200.00 | U | $2,100.00 |
Administrative expenses | $1,843.00 | $103.00 | F | $1,946.00 |
Total Expenses | $28,466.00 | $1,054.00 | U | $27,412.00 |
Net Operating Income | $25,474.00 | $406.00 | F | $25,068.00 |
Any help would be great! Check my work Lavage Rapide Is a Canadian company that owns and operates a large automatic...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company’s costs: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.60 Electricity $ 1,300 $ 0.08 Maintenance $ 0.25 Wages and salaries $ 4,400 $ 0.40 Depreciation $ 8,300 Rent $ 1,800 Administrative expenses $ 1,300 $ 0.01 For example, electricity costs are $1,300 per month plus $0.08 per car washed. The...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company’s costs: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.70 Electricity $ 1,300 $ 0.08 Maintenance $ 0.25 Wages and salaries $ 5,000 $ 0.30 Depreciation $ 8,100 Rent $ 2,100 Administrative expenses $ 1,300 $ 0.05 For example, electricity costs are $1,300 per month plus $0.08 per car washed. The...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company's costs: Fixed Cost per Month $1,300 cleaning supplies Electricity Maintenance Wages and salaries Depreciation Cost per Car Washed $0.70 $0.07 $0.10 $0.30 $4,100 $8,100 $1,900 $1,600 Administrative expenses $0.04 For example, electricity costs are $1,300 per month plus $0.07 per car washed. The company expects to wash 8,400 cars in August and to collect...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company's costs: Fixed Cost per Month points $1,100 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed se.se se.le $e. 2e $0.40 eBook $4,700 $8.300 $1,900 $1,500 $0.03 Print For example, electricity costs are $1,100 per month plus $0.10 per car washed. The company expects to wash 8.500 cars...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company's costs Fixed Cost per Month $1,300 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Cost per car washed se.se se.es se.20 50.20 $4,600 $8.50 $2.16 Administrative expenses se.as For example, electricity costs are $1.300 per month plus $0.08 per car washed. The company expects to wash 8.100 cars in August and to collect an...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company's costs: Fixed Cost per Month Cost per Car Washed $0.60 $ 0.05 $ 0.20 $ 0.20 cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,300 $ 4,300 $ 8,000 $1,800 $ 1,700 $ 0.04 For example, electricity costs are $1,300 per month plus $0.05 per car washed. The company expects to...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company's costs: Fixed Cost per Month $ 1,300 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed $ 0.60 $ 0.09 $ 0.30 $ 0.20 $ 4,500 $ 8,100 $ 1,900 $ 1,600 $ 0.84 For example, electricity costs are $1,300 per month plus $0.09 per car washed. The...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company’s costs: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.80 Electricity $ 1,400 $ 0.08 Maintenance $ 0.20 Wages and salaries $ 4,600 $ 0.30 Depreciation $ 8,100 Rent $ 1,800 Administrative expenses $ 1,300 $ 0.02 For example, electricity costs are $1,400 per month plus $0.08 per car washed. The...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company's costs Fixed Cost per Month Cost per Car Washed $0.50 $0. B $0.15 $0.40 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,000 $4,500 $8,200 $1,900 $1,600 $0.02 For example, electricity costs are $1,000 per month plus $0.08 per car washed. The company expects to wash 8.200 cars in August and...
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company's costs: Fixed Cost per month Cost per Car Washed $ 0.40 $ 0.08 $ 0.25 $ 0.40 cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,200 $4,100 $ 8,400 $2,100 $1,700 $ 0.02 For example, electricity costs are $1,200 per month plus $0.08 per car washed. The company actually washed 8,200...